Your comprehensive guide to tax planning in an ever-evolving landscape

For contractors navigating the complexities of tax planning, staying ahead is more crucial than ever. The 2023 Mid-Year Contractor Tax Planning Checklist provides the insights and guidance needed to stay compliant, optimize tax positions and ensure you are making informed decisions.

What’s Inside:

  • Capitalization of Research Expenses (R&E)
  • Business Interest Deduction Limitation:
  • IRS Interest Rates Impact on Underpayment:
  • IRS Releases “Dirty Dozen” Tax Scams for 2023
  • Depreciation
  • Retirement Plan Options:
  • Pass‐Through Entity Tax Environment
  • Accounting Methods
  • ERTC

With the continuous influence of the Inflation Reduction Act, the Tax Cut and Jobs Act and the CARES Act, we are navigating an active tax policy environment. This ever-changing backdrop demands ongoing analysis and forward-thinking strategies. The 2023 Mid-Year Contractor Tax Planning Checklist is here to guide contractor through these waters, ensuring clarity, compliance and strategic foresight.

Adams Brown is a member of CICPAC, a network of CPA firms focused on understanding and serving the construction industry.